Prime High Street Family-Run Cafe/Restaurant in Tooting, London for Sale
Tooting, London
- Status
FOR SALE
- Date Submitted:
13/11/23
- Advert ID
602525
- Reference
BPD2311205 / Rightbiz
- Call Agent:
- Leasehold: £100,000
- Rent: £30,000
- Turnover: £177,000 (£3,404 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Offers Invited
- Established Business
Business Details
Bustling, Highly Reputable, Spacious Family Run Cafe Restaurant in Prime High St Location of Tooting
Business Monkey is delighted to offer the sale of a fully-fitted, busy, reputable, family-run cafe/restaurant in a prime high street location in Tooting Broadway, SW London.
Taste Kurdish is a family-run business, known for serving delicious, high-quality, homemade Middle Eastern food. It offers a friendly atmosphere and is popular among locals, families, and friends looking to enjoy great food together.
The cafe/restaurant offers several amenities and features that make it attractive to a wide range of customers. These include a kids' corner, singing sessions, and a showcase of artwork and crafts from local artists. Additionally, it has a full license to cook and serve hot food on the premises.
The space encompasses an open-plan kitchen and can accommodate approximately 40 sittings. It also has outside seating, which is a valuable asset for attracting further customers.
The location benefits from excellent public transport options, including a mainline tube station nearby and regular bus routes from the high street. This accessibility is advantageous for both customers and staff.The business is well-known for its great service, friendly staff, welcoming atmosphere, and homely decor.
The business is currently experiencing a healthy turnover and net profits, with great potential for further growth by extending opening hours.
N.B: an alcohol licence is not permitted.
Current Trading Hours: Mon – Fri; 8.30-5pm & Sat/Sun; 9am-5pm
Current Turnover: £177,000 healthy net profits. Accounts available on request.
Rent: £30,000, paid quarterly
Business Rates: £3,555.37
Online Reviews:
Google Rating: 4.8*
Deliveroo Rating: 4.8*
Instagram: Over 2000 Followers
Contact Agent
Listing Statistics
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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